Raymond James Financial Inc
RJF: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| nFt | LOCK|<?>H> | LOCK|^Wxxv% |
Raymond James Earnings: Strong Quarterly Results, No Real Changes to Our Thesis for Wealth Mainstay
Raymond James reported solid fiscal fourth-quarter earnings, with record quarterly revenue of $4.27 billion (up 15% annually) and quarterly EPS of $3.40 (up 15%), both of which topped our expectations. Strong net asset growth was also encouraging, at $22.8 billion (5.3% annualized).
